Overall

In April, our net worth increased $6,735.24 to a total of $345,154.88 (see spreadsheet screenshot).

Retirement Accounts

Our retirement accounts are comprised of our 401(k)s, our Roth IRAs and our Traditional IRAs.  We contribute 15% to my 401(k) and 7% to my wife’s 401(k).  My company matches up to $1,000 per year (vested over five years).  My wife’s company matches up to 5% of her 401(K) contribution and chips in an additional 5% on top of the match (both 100% vested when deposited).  This month, we contributed $1,140.22 to my 401(k) and $700 to my wife’s 401(k).  Her company deposited another $1,000.00 into her 401(k) for her 5% match and 5% extra “chip in”.   We saw the total balance of our retirement accounts increase $6,735.24 from last month to a total of $172,657.08.

Brokerage Account

Currently, our brokerage account consists of one stock (my wife’s old company) that went down $54.01 this month.  Our balance is $677.58 on a $2,000.00 in initial investment.

Cash & Savings Accounts

Cash and savings accounts consists of a small sum of cash at home and our online savings account balance. It does not include our checking account balance that we use to pay our bills each month.  This month our cash and savings accounts decreased $620.00, bringing the total to $8,422.06.

College Savings Accounts

Our kids have 529 Plans through Vanguard.  This month, we contributed $0 to our son’s 529 Plan and it increased $27.26 from last month to a total balance of $14,250.37.  We contributed $0 to our daughter’s 529 Plan and it increased $55.85 over last month to a total balance of $6,212.17.

Home

We use the $489K purchase price that we paid in January 2012 for our home value.  Current comps in the area are ~$675K.  The current balance on our mortgage loan is $354,384.05.  We paid an extra $150 towards principal this month.

Cars

“Car 1” is a 2011 SUV with ~75K miles and “Car 2” is a 2012 SUV with ~80K miles.  When calculating our net worth, we depreciate the vehicles 1% per month.  “Car 1” has a current loan balance of $20,207.60 and Car 2 has a current loan balance of $25,467.95.  I receive $230.13/month as a fixed car reimbursement and $0.22 per mile as a variable reimbursement (to help cover gas, wear and tear, etc.).  My wife has a company car for work.

Credit Card Balance

We do not currently have a credit card balance that is not paid in full each month.